Pension Plans and Other Postretirement Benefits

6 Months Ended

Jun. 30, 2012

Pension Plans and Other Postretirement Benefits

NOTE 10—Pension Plans and Other Postretirement Benefits:

The following information is provided for domestic and foreign pension and postretirement defined benefit plans:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(In thousands)
Net Periodic Pension Benefit Cost (Credit):
Service cost	$	3,044		$	3,503		$	6,217		$	6,435
Interest cost		7,982			8,385			16,195			16,461
Expected return on assets		(11,649	)		(12,167	)		(23,279	)		(24,286	)
Amortization of prior service benefit		(225	)		(231	)		(486	)		(476	)
Amortization of net loss		8,996			6,614			18,100			13,107
Total net periodic pension benefit cost	$	8,148		$	6,104		$	16,747		$	11,241
Net Periodic Postretirement Benefit Cost (Credit):
Service cost	$	87		$	7		$	137		$	132
Interest cost		736			852			1,586			1,697
Expected return on assets		(119	)		(144	)		(244	)		(255	)
Amortization of prior service benefit		(23	)		(250	)		(48	)		(349	)
Amortization of net loss		217			639			892			1,205
Total net periodic postretirement benefit cost	$	898		$	1,104		$	2,323		$	2,430
Total net periodic pension and postretirement benefit cost	$	9,046		$	7,208		$	19,070		$	13,671

We have made contributions of $1.3 million and $2.7 million to our qualified and nonqualified pension plans during the three-month and six-month periods ended June 30, 2012, respectively. Also, we made $2.8 million and $53.6 million in contributions to our qualified and nonqualified pension plans during the three-month and six-month periods ended June 30, 2011, respectively.

We paid $0.8 million and $1.9 million in premiums to the U.S. postretirement benefit plan during the three-month and six-month periods ended June 30, 2012, respectively. Also, we paid $0.9 million and $2.1 million in premiums to the U.S. postretirement benefit plan during the three-month and six-month periods ended June 30, 2011, respectively.